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InBev to buy Anheuser-Busch

InBev agreed to buy Anheuser-Busch Cos. for $52 billion to become the world’s biggest brewer and gain almost half the U.S. market for beer, the companies said in a joint news release. The combined company will be called Anheuser-Busch InBev, and both companies’ boards of directors have approved the deal unanimously. The takeover of Anheuser-Busch in St. Louis would be the second-biggest acquisition of a consumer-goods company and ends a month of court fights and public disputes over the future of the 156-year-old maker of Budweiser. For the full story visit http://www.latimes.com/business/la-fi-bud14-2008jul14,0,443567.story

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